Which of the following describes e‐commerce?
A. Doing business electronically
B. Doing business
C. Sale of goods
D. All of the above
Answer: Option A
Solution (By Examveda Team)
Correct Answer: A - Doing business electronicallyThis option accurately captures the essence of e-commerce. It encompasses all aspects, including online transactions, digital marketing, online customer service, and other digital interactions related to business operations.
Why other options are incorrect:
Option B - Doing business: This is too broad. Traditional, offline business is also "doing business," but it's not e-commerce.
Option C - Sale of goods: While a significant part of e-commerce, it's not the whole picture. E-commerce involves much more than just sales; it includes services, digital downloads, and various other transactions.
Option D - All of the above: Because options B and C are not fully encompassing definitions of e-commerce, this option is also incorrect.
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